Monday, February 07, 2005

even cheney says it won't work!

From FoxNews :

"We're going to borrow $758 [b]illion over the next 10 years to set up the personal retirement accounts. We think that's a manageable amount ... Trillions more after that," Cheney said, acknowledging that the personal accounts will help younger workers but will not solve all the problems of solvency.


Spend trillions yet not fix the "problem"? ummm.....is there a point to this excercise? Just put a fraction of that into the current system and any "problems" would be solved!